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US Manufacturing PMI could fall to this level in September – Press Release

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US stocks closed lower on Friday, with the Dow Jones falling around 500 points amid a decline Amazon.com, Inc. AMZN and apple inc AAPL shares.

Let’s take a look at the major economic events scheduled for today.

  • The S&P Global Manufacturing PMI for September is scheduled to be released at 9:45 am ET. Manufacturing PMI is expected to rise to 51.8 in September from 51.5 in August.
  • The ISM Manufacturing PMI for September will be released at 10:00 am ET. The ISM manufacturing index could edge up to 52.9 in September from 52.8 in August.
  • August construction spend data will be released at 10:00 am ET. Analysts expect construction spending to fall 0.3% in August after falling 0.4% in the previous month.
  • The Treasury will be auctioning off 3 and 6 month notes at 11:30am ET.
  • Federal Reserve Bank of Richmond President Thomas Barkin will speak at 11:45 am ET.
  • Kansas City Federal Reserve Bank President Esther George will speak at 2:15 p.m. ET.

Dow falls 500 points, market volatility continues to rise

Check out ours premarket coverage here

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